You may benefit from reading the wiki page on paying a tax cost to switch funds.Thanks for the response! Downpayment aside, I would much prefer to have the $82k currently in VBR, VOE, and VTV switched to VTI. I had a portfolio with Betterment for several years before transferring in kind to Vanguard. That's why there's money in those ETFs. Is there a smart way to approach that objective? I figured it would be better to liquidate and realign sooner rather than later. Would it be better to keep the money where it is indefinitely? I've already redirected dividends to a settlement account. Appreciate the help
Since the ETFs you seek to unload are not high expense ratio funds with excessive capital gains distributions, the urgency to be rid of them is reduced in my mind.
However, since they are "value" oriented funds, they do have slightly higher dividend payouts (SEC Yield) than a total market fund, so you might save a small amount annually in reduced income taxes from the reduction in dividend income.
Regards,
Statistics: Posted by retired@50 — Sun Mar 24, 2024 10:57 am — Replies 3 — Views 233